Crypto sectors generally pull back, with the AI and PayFi sectors experiencing larger declines, while the SocialFi and DeFi sectors perform relatively well.

PANews reported on December 23 that all sectors of the crypto market have pulled back, with the AI and PayFi sectors experiencing larger declines of -4.38% and -4.45%, respectively; the SocialFi and DeFi sectors performed relatively well, with minor pullbacks of -0.29% and -2.13%. In the SocialFi sector, MovieBloc (MBL) and Galxe (GAL) stood out, rising 12.27% and 10.26% respectively against the trend in 24 hours. In the DeFi sector, Aave (AAVE) saw a 24-hour increase of 4.02%.

In other sectors, the DePIN sector fell by -2.55%, the RWA sector fell by -2.82%, the Meme sector fell by -3.31%, the Layer 1 sector fell by -3.65%, and the Layer 2 sector fell by -3.66%.